# Thailand: September trade misses expectations | articles | ING THINK

> Thailand's September trade balance swung to a $487m surplus after two months of deficits, but came in well below the $1.8bn consensus. Exports contracted 5.2% year on year, reversing August's 6.7% growth, while import growth slowed to 9.9%. The Commerce Ministry blamed high base effects, US-China trade tensions and emerging-market problems.

- Date: 2018-10-22 · published 2018-10-22T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/62802-thailand-september-trade-misses-expectations-articles-ing-think
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Weak Thai export momentum signals softer regional demand and slower trade growth, which can keep the baht under pressure. The direct effect on feed commodity prices is limited.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/articles/thailand-september-trade-misses-expectations/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.